37B Leazes Terrace, Newcastle Upon Tyne, NE1 4LZ is a leasehold flat built before 1900. The property offers approximately 506 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £168,299 , which equates to approximately £333 per square foot. It was last sold on 27 Jun 2022 for £155,000. Since then, the value has increased by £13,299, representing a 8.6% increase, or approximately 2.5% per year.

The current estimated value of £168,299 is:

  • 63.0% lower than the average property price on Leazes Terrace
  • 18.6% lower than the average in the NE1 4LZ postcode area
  • and 36.5% lower than the average price for Newcastle Upon Tyne as a whole

View sold house prices in NE1 4LZ

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
506 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£168,299
Price Per sq ft (estimate)
£333
Bedroom Count (estimate)
1 bedroom

EPC Summary

37B Leazes Terrace, Newcastle Upon Tyne, Tyne And Wear, NE1 4LZ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 31 Jul 2019.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are single glazed.

The previous EPC assessment was conducted on 16 Jul 2009. The rating of C is unchanged, though the energy efficiency score decreased by 5.4%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from sandstone, as built, no insulation (assumed) to solid brick, as built, no insulation (assumed), with no change in energy efficiency (very poor).
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE1 4LZ

36 th / 45
Price Rank
19% lower than average
28 th / 36
Size Rank
29% smaller than average
18 th / 36
Price Per Sq FT Rank
15% higher than average

Compared to other properties in NE1 4LZ , this flat's estimated value ranks 36th out of 45. Based on price per square foot, it ranks 18th out of 36 properties. In terms of size, this home ranks 28th out of 36 properties in its postcode area.

Sale History

Today
£168,299
streetscan.co.uk estimate
+9 %
27 Jun 2022
£155,000
Leasehold
+13.1 %
6 May 2005
£137,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 517 sq ft
sale price: £122,500
sale date: 26 Jan 2024
rooms: 2
size: 431 sq ft
sale price: £125,000
sale date: 6 Sep 2022
rooms: 2
size: 484 sq ft
sale price: £125,000
sale date: 15 Aug 2022
rooms: 2
size: 431 sq ft
sale price: £153,000
sale date: 30 Jun 2022
rooms: 2
size: 581 sq ft
sale price: £152,000
sale date: 2 Feb 2022

Data Sources

The property at 37B Leazes Terrace, Newcastle Upon Tyne, NE1 4LZ appears two times in the Land Registry records, with the latest transaction recorded on 27 Jun 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 31 Jul 2019. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.